We can see that an ascending channel appears, the price needs a move as a sign of a breakdown.
An ascending channel provides a pattern that can be used to spot a bearish price action in case if price breaks out.
There is a probability of extra downside towards 82 as bears looking for profit.
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Sep 6
A descending channel emerges.
A descending channel often identifies a pause in a downtrending market in case if price breaks out.
LTC/USD hints a change to the upside to the 63.4 zone as LTC/USD nears 63.3 hurdle.
Litecoin: Descending Channel
LTC/USD,
4 hours
LONG
Oct 20
A descending channel is very close to being finished, the price is about to break out.
A descending channel describes a signal that typically indicates a downward trend is nearing its end when price breaks out.
Ltcusd violates bearish trendline towards 96.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Jun 3
An ascending channel is revealed.
An ascending channel denotes a specific formation that can be used to signal the more likely potential of falling prices if price breaks below support.
LTC/USD dives out bullish trendline towards 88.
Litecoin: Falling Wedge
LTC/USD,
1 day
LONG
Jul 4
Litecoin: Descending Channel
LTC/USD,
1 hour
LONG
Feb 10
There is a descending channel materializing and the price is close to breaking out soon.
A descending channel is said to depict a compelling price action signal that is used to indicate a move up when price breaks above resistance.
It is not ruled out that a bullish price action to 109 will happen while above 108.5 as bullish momentum increases.
Litecoin: Descending Triangle
LTC/USD,
4 hours
LONG
Nov 29
There is a descending triangle identified and the price is breaking out.
In case if price breaks above resistance, the move could identify that the price to go long.
There is a chance of a bullish push up to 100 on impulse above 97.
Litecoin: Rectangle
LTC/USD,
1 hour
SHORT
Feb 1
A rectangle is almost done, the price is breaking out.
If price breaks below support, the move could identify the more likely potential of falling prices.
LTC/USD to push down to 124 on a downside break.
Litecoin: Rising Wedge
LTC/USD,
1 hour
SHORT
Oct 16
As we can see a rising wedge is close to being finished and ltcusd wants a next active bearish continuation as an indication of a breakdown.
A rising wedge suggests a pattern that is angled up that can be used to signal a pause in an uptrending market once price breakdown occurs.
It is likely that corrective downside towards 94 will take place once below 94.
Litecoin: Descending Triangle
LTC/USD,
1 hour
LONG
Feb 26
The price sets up a descending triangle, the price is breaking out.
A descending triangle depicts a bullish indicator that typically indicates the more likely potential of rising prices once price breaks out.
There is a chance of a move towards 70.4 as extra rangebound not ruled out.
Litecoin: Rectangle
LTC/USD,
4 hours
LONG
Sep 27
We can see that a rectangle occurs, the price breaks out now.
A rectangle tends to be a signal that can be used to identify a further move up in case if price breaks out to the the upside.
LTC/USD looks north towards the 65.5 level.
Litecoin: Ascending Channel
LTC/USD,
1 hour
SHORT
Feb 4
There is an ascending channel discovered, the price is about to break out.
An ascending channel tends to be a pattern with an upward bias that typically signals reversals in uptrends once price breaks out.
LTC/USD to continue lower towards the 68 zone while below 68.2.
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Litecoin · LTC/USD